Challenges
However, the fast-paced advancement of this technology, it has not taken care of some issues like the unified secured payment solution that is not globally recognized. The fact is the lack of solutions has made it difficult to safeguard the virtue assets of those making use of the technology. There is also the lack of a mechanism on the blockchain that allows the games to be fair. The lack of solutions also makes it hard to communicate effectively with the back end and, the lack of method has not been able to protect the HTML 5 intellectual properties. Another challenge is that the teams that develop apps and games need an effective mechanism for high-quality production.
Solution
Egretia can solve some of the problems with the support and collaboration of the Egret technology or the HTML5 technology service provider. Building up the platform with the Egretia Blockchain lab that blends perfectly the HTML 5 technology with blockchain technology is the first thing that Egretia did. The combination of the blockchain technology and the HTML 5 technology develop the world’s first HTML5 blockchain engine. Applying the blockchain technology to vertical companies is the objective of the HTML 5 blockchain. The result is that it will attract the 1 million mobile terminal devices and 200,000 existing developers into the blockchain.
Features of the Platform
The self-developed public chain
A self-developed public chain which is focused on the delegated Proof of Stake consensus mechanism is available on the Egretia platform. The Proof of Stake consensus mechanism aims to maximize the performance of the HTML 5. Developers are able to create blockchain-based DApps by making use of the Egret engine tools and the blockchain interface layer.
Consensus mechanism
The Egretia platform’s public chain makes use of a delegated proof of stake as its consensus mechanism. The process where the token holders are able to cast a number of nodes with verification mechanism and bookkeeping is similar to what is obtainable to the board vote.
High performance
The technology’s public chain has the coexisting processing ability to allow the optimization of performance to handle the needs or requirements of the game sector. The platform has a rapid transaction per second rate. More than two thousand operations are supported when the scalability is increased with the use of the DPoS system in the initial test chain. With the business requirements or incensement of needs, the TPS can be improved in future.
Adjustment of Real-time Parameter
Egretia can take care of the system parameters changes, without divergence. Egretia can change the parameters through consensus voting.
Convenient and Efficient Development Suite
Egret has tools that can be used on the platform to build a firm foundation for the blockchain system. The blockchain application becomes simple, well-organized and convenient when a firm foundation has been built.
Egretia Platform Digital Token
Egreten is the platform’s digital token that can be used for a number of things. It can be combined with various games and used by gamers or players to trade efficiently and safely. Egreten is expected to be the first token that can connect with numerous games.
Token Details
📌 Ticker: EGT
📌 Token type: Ethereum
📌 Total tokens: 8,000,000,000 Egreten
📌 Price of the Token: 1 EGT = 0.0097 $ (0.00001 ETH)
The token is used for effective services based on DPS (Delegated Proof of Share) consensus mechanism aimed at optimizing the performance of HTML5. Developers can quickly create dapps based on blockchain through the level of the blockchain interface in combination with the tools of the Egret engine.
Token Distribution
📌 Token Supply: 8,000,000,000 Egreten
📌 Token Sale Event: Up to 39%
📌 Foundation: 27%
📌 Marketing & Business Partners: 14%
📌 Team, Contributors & Advisors: 20%
📌 Softcap: 10,000 ETH
📌 Hardcap: 35,000 ETH + 6,000,000 CMT+ 1,000,000 ABT
Follow Egretia official links for more details:
Egretia Website
Egretia Whitepaper
Egretia Bounty Thread
AUTHOR
CPKMahawithana
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